BTC/USD in 4h chart , we need to close above 6700$ for at least 2-3 candles.
We are going to break this resistance soon. Why we are in bullish now : 1. Our Long trendline (6 months) is broken 2. We had the three times same pattern We need to close our pattern above 6800$ in 1D chart. I know this is a tough resistance, but I think we will make it. Break below 6550$ will make a big dump to 5800$ - 6000$ range and a drop below 5700$ will send...
Bitcoin is showing its bullish move on 4h chart and attempting to break the resistance.
We see sideways in BTC right now which is good for alts. There are 3 possible scenario and the first one is now failed. There are 2 more , number 2 and 3. 2) We could see BTC will touch the 5800$ and then attempt to break another resistance. 3) We could go back to 6700$ then a correction to 6200$ , if 6200$ breaks it will down again to 5800$ area. I think scenario...
BTC will up towards 6470$ - 6500$ , before the next dump. The next target is 5,8k$ . Wait for it..
BTC seems very hard to break the resistance, I will see BTC drop to 6100$ or lower before bounce up. Save your money to buy the dip.
BTC will dump again to 5800$ area , and have potential to bounce back
BTC is bounce to 7k again, but I think it will go down to about 6700-6800 before rally to about 8500.
Btc will up again for a while until it's oversold and then a little correction before Go Up again , hope there's no bad news again, so the bullish trend will go again
This pattern will make BTC moving upward , it will try to break the resist.
From RSI and MACD , we can say this is the right time to buy , or wait to correct lower before bounce up
An Uptrend line is shown in trx
I think it will go down again with nearest support about 5400$